XML 107 R90.htm IDEA: XBRL DOCUMENT v3.7.0.1
RELATED PARTY BALANCES AND TRANSACTIONS (Schedule of Related Party Transactions) (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
RELATED PARTY BALANCES AND TRANSACTIONS [Line Items]      
Sale of goods $ 40,171,544 $ 53,538 $ 2,898,698
Jinko and its subsidiaries [Member]      
RELATED PARTY BALANCES AND TRANSACTIONS [Line Items]      
Sale of goods [1] 40,171,544 53,538 2,898,698
Purchase of raw materials [1] 90,409
Zhejiang Yaohui [Member]      
RELATED PARTY BALANCES AND TRANSACTIONS [Line Items]      
Purchase of raw materials [2] 2,280,835 4,581,029 5,759,079
Zhejiang Yuhuan [Member]      
RELATED PARTY BALANCES AND TRANSACTIONS [Line Items]      
Rental payment [3] 15,361 5,236 3,246
Rental expense [3] 62,349 67,566 70,107
Champion era enterprises limited [Member]      
RELATED PARTY BALANCES AND TRANSACTIONS [Line Items]      
Proceed from loan [4] 3,000,000 4,000,000
Repayment [4] $ 7,000,000
[1] The brothers of Mr. Xianshou Li are the founders and current shareholders of Jinko Solar Co., Ltd. (“Jinko and its subsidiaries”)
[2] The brother of HR VP and shareholder of ReneSola Ltd is the director of Zhejiang Yaohui Photovoltaic Co., Ltd. (“Zhejiang Yaohui”)
[3] Zhejiang Yuhuan Solar Energy Source Co., Ltd. (“Zhejiang Yuhuan”) is controlled by Xianshou Li, Chief Executive Officer.
[4] Champion era enterprises Ltd. is controlled by Xianshou Li. The annualized interest rate of the loan is 5%, and the maturity of the loans are three months for the loans during the years ended December 31, 2015.